Technology Development Risk from Delays in Responding to Market and Customer Needs
First written in FY2017. 1 of 4 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Other".
- FY2025Specified the slowdown in the shift to EVs and corporate reorganizations as changes in the technology development environmentAnnual report
「In the automotive industry, the business environment surrounding the Company continues to change, including development trends accompanying the slowdown in the shift to EVs and increasingly active corporate restructuring.」
The changing pace of the shift to EVs and increasingly active corporate restructuring were newly identified as specific factors underlying technology and product development risks. - FY2024Specified technology development risks against the backdrop of electrification and corporate reorganizationsAnnual report
「The business environment surrounding the Group is undergoing major changes, including progress in corporate reorganizations, intensifying global competition, and the full-scale launch of development toward electrification. Accordingly, the Company regards these changes in the business environment as opportunities and, under its Medium-Term Management Plan, has set out (1) an aggressive and challenging approach in its core business and (2) the evolution of core products toward electrification, and is investing management resources in technological innovation and new product development.」
The need for technological innovation and new product development against a backdrop of corporate restructuring, global competition and electrification was explicitly identified as a risk of delays in responding to market and customer needs. - FY2018RestatedAnnual report
「However, if the response to changes in market or customer needs is ultimately inadequate, or if the timing of realization is not timely, this could adversely affect the Group's operating results and financial position.」
While continuing technology and product development, the risks of inadequate responses to market and customer needs and delays in realization continue to be disclosed. - FY2017First statedAnnual report
「However, if the response to changes in market or customer needs is ultimately inadequate, or if the timing of realization is not timely, this could adversely affect the Group's operating results and financial position.」
While continuing technology and product development with the aim of becoming No. 1 in the world for core products, the Company identifies inadequate responses to customer needs and delays in realization as risks.